From the Wires
Free Research Reports on COH, CREE, GOOG and IBM Issued by the Bedford Report
Note to Editors: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS CIRCUIT
By: Marketwired .
Jan. 24, 2013 08:15 AM
NEW YORK, NY -- (Marketwire) -- 01/24/13 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.
Coach, Inc. (NYSE: COH) shares of the luxury retailer fell 16 percent on over 46 million shares traded Wednesday, which was nearly 12 times the average daily volume. The company's earnings of $1.23 per share in the second quarter fell short of analysts' expectations of $1.28 per share. "We were disappointed by our performance in North America, where the holiday season proved challenging," CEO Lew Frankfort said.
Find out more about Coach including full access to the free equity report at: www.BedfordReport.com/COH
Cree, Inc. (NASDAQ: CREE) shares soared over 22 percent on nearly 8 times the average daily volume Wednesday. The company reported revenue increased 14 percent to $346 million in the fiscal second quarter, which was a new quarterly record.
Find out more about Cree including full access to the free equity report at: www.BedfordReport.com/CREE
Google Inc., (NASDAQ: GOOG) lead the tech sector rally Wednesday gaining 6 percent on over 5 million shares traded, which was more than double the average daily volume. The company reported revenues in the fourth quarter surged 36 percent year-over-year to $14.43 billion.
Find out more about Google including full access to the free equity report at: www.BedfordReport.com/GOOG
International Business Machines Corp. (NYSE: IBM) shares spiked 5 percent on over 10.5 million shares traded Wednesday. The company reported diluted earnings of $14.37 per share for the full year 2012, which was a year-over-year increase of 10 percent. Diluted EPS have seen double digit gains for ten consecutive years.
Find out more about International Business Machines including full access to the free equity report at: www.BedfordReport.com/IBM
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein.
A third party, Providence Media Strategies LLC has paid Equity News Circuit four hundred and fifty dollars for the publication of this news release. Neither Equity News Circuit, nor the hiring party, has a financial relationship with any company whose stock is mentioned in this release. Neither Equity News Circuit nor the hiring party are a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security.
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